Chakar to lead next stage of growth as Securrency accelerates
commercialization of compliance-driven digital asset technology for
global financial institutions
WASHINGTON, Jan. 5, 2023 /PRNewswire/ -- Securrency, a
leading developer of institutional-grade, blockchain-based
financial and regulatory technology, today announced that
Nadine Chakar will join the company
and assume the role of Chief Executive Officer effective
January 9th, 2023.
Ms. Chakar's leadership will combine her deep financial
services, technology, and market experience with Securrency's
groundbreaking technology to deploy market-leading solutions on a
global scale. She has been recognized as one of the most powerful
women in finance and is a vocal champion for using technology
to revolutionize financial services. Ms. Chakar brings over 30
years of experience in global wealth and asset management to
Securrency. Most recently, she served as Executive Vice President
and Head of State Street Digital, where she built and led the team
that is helping State Street, institutional investors, and
regulators successfully navigate the bank's transition into a
modern digital economy. Ms. Chakar also led State Street Global
Markets, where she oversaw its trading, product, and operations
platform, helping to drive successful client solutions. Prior
to State Street, she served as global head of operations for
Manulife's Global Wealth and Asset Management Division and led the
Global Asset Servicing teams for BNY Mellon.
In addition to her leadership at State Street Digital, Ms.
Chakar has served as a member of the Board of Directors of
Securrency since 2021. Her appointment as the CEO of Securrency
highlights the growing importance of compliance aware tokenization,
interoperability, and institutional DeFi to the future of global
finance.
Ms. Chakar's appointment will allow Dan
Doney, Securrency's founder, who has served as the company's
CEO and lead architect since its inception, to focus on innovation,
technology delivery, and commercialization by continuing to serve
as the Chief Technology Officer of Securrency. Mr. Doney is
recognized as one of the preeminent thought leaders in the
blockchain and decentralized finance space. This focus will
accelerate the growth of Securrency's blockchain-enabled financial
services infrastructure market share.
Nadine Chakar, incoming CEO of
Securrency said: "The financial services industry is at a
critical tipping point as it tokenizes regulated real-world assets
and automates legacy financial processes using the power of
blockchain technology. The Securrency team has done a remarkable
job of developing the most robust technology on the market. As the
new CEO, my priority is to accelerate the commercialization of what
is in essence the digital asset intelligence and interoperability
foundation for major financial institutions and the global
ecosystem. Dan Doney is a true
visionary and innovator in the industry, and I look forward to
working closely with him and the team to create the global digital
assets marketplaces of the future."
Dan Doney, Co-founder, and
Chief Technology Officer of Securrency, said: "Nadine
is an exceptional leader and Securrency has been fortunate to
leverage her extensive financial industry expertise as a board
member and now as incoming CEO. She knows capital market operations
inside and out. Nadine shares my passion for innovation, and we are
united in our determination to make financial markets more
accessible and efficient. She has a razor-sharp view of where
reform is needed and how our technology can help. I am excited to
work with Nadine as we focus on evolving our solution to bridge
traditional and decentralized finance."
Jonathan Steinberg, CEO of
WisdomTree, said: "The future of finance relies on
regulation-forward and compliance-driven digital development and
Nadine has long been a driver of this evolution. Working with
Nadine as a client and industry leader, I have witnessed not only
her tremendous expertise in the integration of RegTech and digital
assets, but her steadfast belief that Securrency's technology will
pave the way for institutional DeFi. I congratulate Nadine, Dan,
and the entire Securrency team on this bold move for the
company."
About Securrency:
Securrency is a financial and regulatory technology company that
is harnessing the power of blockchain to deliver
institutional-grade digital assets infrastructure to create
marketplaces and stimulate global liquidity. Securrency is driving
change at the core of financial services via a fully interoperable
and patented Compliance Aware Token® Framework that interconnects
traditional financial platforms and next generation blockchain
networks. The company's strategic clients and investors
include WisdomTree (NYSE: WT), State Street (NYSE: STT), US Bank
(NYSE: USB), Abu Dhabi Catalyst Partners (ADCP), and DisruptAD,
ADQ's venture platform. To learn more, visit
http://securrency.com and follow us on LinkedIn and
Twitter.
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